YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was upgraded by equities researchers at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report issued on Monday, MarketBeat Ratings reports.
Several other research analysts have also recently weighed in on YPF. Zacks Research raised YPF Sociedad Anónima from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Weiss Ratings lowered shares of YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a research report on Monday, March 9th. Finally, Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research note on Monday, March 2nd. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $41.67.
YPF Sociedad Anónima Stock Performance
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The oil and gas exploration company reported ($1.67) EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($2.44). The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $3.14 million. YPF Sociedad Anónima had a negative net margin of 4.48% and a negative return on equity of 0.26%. As a group, equities analysts predict that YPF Sociedad Anónima will post 7.25 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, VP Mauricio Alejandro Martin sold 3,430 shares of the business’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $43.60, for a total value of $149,548.00. Following the sale, the vice president directly owned 14 shares in the company, valued at approximately $610.40. The trade was a 99.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Marcelo Gustavo Aldeco sold 12,719 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $43.61, for a total value of $554,675.59. Following the completion of the transaction, the vice president directly owned 101 shares of the company’s stock, valued at $4,404.61. The trade was a 99.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. VR Advisory Services Ltd increased its position in shares of YPF Sociedad Anónima by 5.9% during the third quarter. VR Advisory Services Ltd now owns 3,605,533 shares of the oil and gas exploration company’s stock valued at $87,578,000 after buying an additional 200,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of YPF Sociedad Anónima by 55.7% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company’s stock worth $106,282,000 after buying an additional 1,208,440 shares during the last quarter. Ping Capital Management Inc. increased its holdings in YPF Sociedad Anónima by 36.1% in the 3rd quarter. Ping Capital Management Inc. now owns 2,017,000 shares of the oil and gas exploration company’s stock worth $48,993,000 after acquiring an additional 534,800 shares in the last quarter. North of South Capital LLP boosted its stake in shares of YPF Sociedad Anónima by 3.1% in the fourth quarter. North of South Capital LLP now owns 1,670,378 shares of the oil and gas exploration company’s stock worth $60,401,000 after acquiring an additional 50,395 shares during the period. Finally, UBS Group AG lifted its stake in YPF Sociedad Anónima by 125.2% in the 3rd quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock worth $15,822,000 after purchasing an additional 362,155 shares in the last quarter. 10.08% of the stock is currently owned by hedge funds and other institutional investors.
YPF Sociedad Anónima Company Profile
YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.
Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.
Further Reading
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